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Gerald Lucas

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What Happens If You Default On A Non Recourse Loan?, Cash-On-Cash Return Formula For Property, How US Home Builder Confidence Has Changed?

March 31, 2026 Gerald Lucas

What Happens If You Default On A Non Recourse Loan?

Real Estate Tip:

Cash-on-cash return for a property = Cash flow before taxes($)/Cash investment($)

Real Estate News:

Confidence among US home builders went up in February although builders expressed concerns about affordability stemming from higher construction costs and labor shortages.

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Tags Gerald Lucas, real estate tips, real estate strategies, non-recourse mortgage loans, default, lender, foreclosure, insurance, personal assets, wages, fraud
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Question You Must Ask A Contractor Before You Hire Him, How To Avoid Paying Too Much For A Property, US Home Construction Falls Sharply

July 5, 2022 Gerald Lucas

Question You Must Ask A Contractor Before You Hire Him

Real Estate Tip:

The best way to avoid paying too much for a property is to never offer too much.

Real Estate Insight:

US home construction fell sharply in May.

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Tags Gerald Lucas, real estate tips, real estate strategies, 203K loan, mortgage insurance premium, lender, home equity, finance, risk, foreclosure
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203K Mortgage Loan Risks For Homebuyers, Key To Filing Property Insurance Claim, NJ Home Sales Fall Further

June 28, 2022 Gerald Lucas

203K Mortgage Loan Risks For Home Buyers

Real Estate Tip:

When you file a property insurance claim, document damage with both photos and video.

Real Estate Insight:

The pace of home sales in NJ continues its decline in 2022 down 13% YTD compared to the same period in 2021.

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Tags Gerald Lucas, real estate tips, real estate strategies, 203K loan, mortgage insurance premium, lender, home equity, finance, risk, foreclosure
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